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Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical conflicts ...

News Trump urges oil producers to pump more crude fearing Iran may close critical shipping lane Published: Jun. 23, 2025, 12:28 p.m.

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities. The White ...

The White House is also sharpening its warning to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the U.S. carrying out strikes on Iran’s nuclear ...